Listing

In the context of real estate, written agreement between a property owner and a real estate broker that gives the broker permission to find a buyer or tenant for some property. See: Listing broker.

Listed Security

Stock in a publicly-traded company that is traded on a particular stock exchange. For example, companies that trade on the NYSE are said to be listed securities for that exchange. Listed securities must conform to each exchange's listing requirements, which usually mandate having a certain market capitalization, number of shareholders, and/or revenue. Listing requirements exist to enforce stability on an exchange as much as possible. A listed security may be delisted if it fails to meet the listing requirements for too long. However, some listed securities may be temporarily exempt from listing requirements if they show some sign of a potential recovery. It is important to distinguish firms with listed securities from member firms, which are companies that conduct trades on an exchange. See also: C.

listing

A written agency agreement between a property owner and a licensed real estate broker, authorizing the broker to market the property,solicit offers for its purchase or lease,and engage in negotiations pursuant to the owner's instructions.It imposes fiduciary responsibilities on the broker, who owes duties of care,loyalty,and confidence to the property owner.

Important concepts include

• Most state licensing laws require listing agreements to be in writing.

• The most common type of listing agreement is an exclusive right to sell, under which the broker receives a commission even if the owner sells the property to a relative.

• Some brokers offer exclusive right to list contracts, giving the owner the right to sell to anyone without paying a commission, but no other real estate broker may earn a commission directly from the owner, only as a cooperating broker paid by the listing broker.

• Most states require a definite termination date in the listing agreement, which may be renewed by mutual agreement of the parties.

• Most states prohibit net listings, in which the owner agrees to pay the broker all sums received over a certain minimum amount wanted by the owner.

• Some listing agreements have a clause entitling the broker to the agreed-upon compensa- tion if the property sells within a certain time period—usually 6 months—after listing expiration, but to someone introduced to the property by the broker during the listing period.

Mentioned in

References in periodicals archive

Most of Cityfeet.com's listings are for properties under 10,000 square feet allowing prospects looking for that type of space to do the necessary research before contacting the broker to complete the transaction.

Cityfeet is getting tenants connected

Nelson Chai, CFO of Archipelago Holdings, explains that exchange status gave Archipelago some important economic advantages, most notably listing fees, a share in tape revenue and a reduction in clearing costs.

Electronic trading: portal to the future? Technological advances are moving markets toward an all-electronic environment, thanks in part to the growth of electronic exchanges. But the specialist system is far from dead, and some experts see a continuing need for at least occasional human intervention

The farm category of eBay Business is home to more than 7,000 farm listings at any given time and conducts transactions of more than 4,200 pieces of farm-related equipment parts and supplies per week.

Start your bidding @ ... Ag auctions find a place on the Web

Dance offerings on the Web now range from simple, one-page listings of performance schedules to large sites sponsored by major companies including Boston Ballet, San Francisco Ballet, New York City Ballet, and American Ballet Theatre.

Pointes in cyberspace

The accompanying illustrations show an example of a search request for an ABS material, along with the computer's listing of available lots in order by price.

Trade your surplus materials on-line

Depending on your company's long-term business and capital objectives, listing on a foreign market could provide the bridge you need to survive in the brave-new-world marketplace.

Should you list on a foreign exchange?

In North Bay the number of listings increased to 2,502 from 2,297, while the length of time homes were listed with MLS increased to an average of 68 days from 65.

CMHC predicts the buyer's market will continue

* Thirty-three stocks have been removed for reasons such as listing on a national securities exchange or involvement in an acquisition.

Revised list of marginal OTC stocks now available

Rutherfurd was the listing broker and Burger the selling broker.

Brown Harris Stevens honors top brokers at annual celebration

In addition to the descriptions, the report includes a listing of advantages and disadvantages for each method.

Corrugated packaging division: people resources solutions

The final disclosure and listing regulations are significantly tighter than earlier versions, which applied only to corporate taxpayers, required the existence of at least two tax shelter characteristics and provided subjective-type exceptions that taxpayers and their advisers were prone to rely upon.

New disclosure rules require serious attention: a tax attorney reviews new regulations on 'reportable transactions' and their obligations on corporate taxpayers